Ripple CEO Brad Garlinghouse says the Middle East is the company's fastest growing region

October 27th, 2021
Ripple CEO Brad Garlinghouse says the Middle East is the company's fastest growing region.

Brad Garlinghouse Talks XRP, Growth, NFT, Regulation ,

we've grown
network activity for ripple enabled
payments 5x year on year here in the
middle east it's our fastest growing
region and i think it really is only
just getting started because it is such
a center point as you described
what stood out to you in the last couple
of months in terms of the adoption of
02:51
some of the cryptocurrencies we've had a
pretty impressive rally in bitcoin again
yeah but it's kind of trickled through
the the wider crypto space what would
you take away from that
well i take a macro long-term view you
know it's very clear that where we've
started maybe almost 10 years ago with
crypto really being a fringe and edge
case and where it's now become
mainstream uh you know the number of
people who are holding crypto globally
continues to grow very very quickly and
the believers in how we can use these
technologies for real benefit not for
just the speculative dynamics associated
with those who may speculate as
investors what have you but really in as
ripple is using these technologies can
dramatically improve the efficiency of
things like cross-border payments and
those today can be very inefficient by
speed and cost and we can make them
real-time and very inexpensive how does
that fit in with some of the goals that
have been announced at fiii around net
zero for Saudi Arabia it's going to be